Located in Shenzhen, China, AIVtech has earned a reputation for their focus on the integration of electronic products which has allowed the young company to leave its mark. Today, AIVtech took another step towards prominence with the announcement they have received a follow-on order for LED-backlit LCD televisions from Europea Trade N.V. (“Europea Trade”), representing the third order received from Europea Trade in recent months.
Europea Trade has evolved into one of the leading distributors of information and communication technology (ICT) and home entertainment products in Europe. AIVtech and Europea Trade joining forces could lead to a global presence for both companies.
The follow-on order received by AIVtech is valued at USD $2.6 million for the manufacture of 18,000 LED-backlit LCD TV’s. The order is comprised of 10,000 TV sets with 21.6” screens and 8,000 TV sets with 18.5” screens.
Leading the team at AIVtech is JinLin Guo who serves as AIVtech’s Chairman and CEO. Commenting on the affect this order will have on AIVtech, Guo was quoted as saying, “This is the third order we have received from Europea Trade over the past few months. We expect our LED-backlit LCD TVs to experience rapid growth during the remainder of the year. We are pleased to have received multiple orders from this customer, which is a strong validation of our product’s quality and performance, and we hope to leverage this relationship to obtain future orders for our LED TVs.”
Currently, AIVtech is trading in the $5.05 range. With this new order and an array of unique products in their pipeline, AIVtech is a company investors will keep an eye on.
To leave more about AIVtech, visit their website at: www.aivtechgroup.com.
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